Multifamily
The Georgetown Collection
1200, 1202, 1204 Eton Ct NW & 1200, 1202 Potomac St NW, Washington, DC 20007
Listing Price: $11,500,000
Investment Overview
Marcus & Millichap is pleased to present The Georgetown Collection, a rare five-unit townhome portfolio assembled along Eton Court and Potomac Street NW. Located in the interior blocks of one of the most tightly held and supply-constrained residential submarkets in the country, newer-vintage construction of this scale rarely surfaces in Georgetown. Historic designation, lot geometry, and entrenched ownership have long throttled new supply, reinforcing pricing power across cycles.
Three of the five residences (1202 Potomac, 1200 Eton, and 1202 Eton) are delivered fully furnished, positioning the portfolio for immediate cash flow with negligible carry and no lease-up capital required. The developer strategically allotted several hundred thousand dollars upgrading the complex's common areas, including painting the entire exterior, installing new patio flooring, new landscaping, and new elevator cabs. This turnkey format and upgraded asset profile capture the premium end of Georgetown's demand pool, including visiting faculty, medical professionals, diplomatic personnel, government appointees, and university graduate students. This institutional tenant base is defined less by economic cycles and more by the gravity of the surrounding submarket.
For capital seeking scarce, credit-quality products, The Georgetown Collection offers durable income, embedded appreciation, and a footprint that cannot be replicated.
The Georgetown Collection
Investment Highlights
- Trophy Yield & Scarcity: Asset delivers a 5.82% Year-1 Cap Rate. Georgetown's historic protections ensure zero new-build competition for these luxury three-bedroom residences.
- Stabilized Year-1 Income: Underwritten at $560,780 Stabilized NOI. Base case assumes $667,440 Gross Potential Rent.
- Institutional & Luxury Anchors: Located within 15 minutes of the White House, World Bank, and IMF. Proximity to Georgetown University and the Ritz-Carlton ensures institutional-grade stability.
Multifamily
The Georgetown Collection
Listing Price: $11,500,000
Investment Highlights
- Trophy Yield & Scarcity: Asset delivers a 5.82% Year-1 Cap Rate. Georgetown's historic protections ensure zero new-build competition for these luxury three-bedroom residences.
- Stabilized Year-1 Income: Underwritten at $560,780 Stabilized NOI. Base case assumes $667,440 Gross Potential Rent.
- Institutional & Luxury Anchors: Located within 15 minutes of the White House, World Bank, and IMF. Proximity to Georgetown University and the Ritz-Carlton ensures institutional-grade stability.
Investment Overview
Marcus & Millichap is pleased to present The Georgetown Collection, a rare five-unit townhome portfolio assembled along Eton Court and Potomac Street NW. Located in the interior blocks of one of the most tightly held and supply-constrained residential submarkets in the country, newer-vintage construction of this scale rarely surfaces in Georgetown. Historic designation, lot geometry, and entrenched ownership have long throttled new supply, reinforcing pricing power across cycles. Three of the five residences (1202 Potomac, 1200 Eton, and 1202 Eton) are delivered fully furnished, positioning the portfolio for immediate cash flow with negligible carry and no lease-up capital required. The developer strategically allotted several hundred thousand dollars upgrading the complex's common areas, including painting the entire exterior, installing new patio flooring, new landscaping, and new elevator cabs. This turnkey format and upgraded asset profile capture the premium end of Georgetown's demand pool, including visiting faculty, medical professionals, diplomatic personnel, government appointees, and university graduate students. This institutional tenant base is defined less by economic cycles and more by the gravity of the surrounding submarket. For capital seeking scarce, credit-quality products, The Georgetown Collection offers durable income, embedded appreciation, and a footprint that cannot be replicated.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
